LABO M.D.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LABO M.D.
Largest movements
- Tangible fixed assets +€117,311
up €117,311 (+223%), from €52,532 to €169,843
of which Furniture and vehicles: +€124,322
- Cash +€95,673
up €95,673 (+251%), from €38,187 to €133,859
mainly Net result for the year (+€142,329) and Debts after one year (+€107,264)
- Intangible fixed assets -€25,000
down €25,000 (-31.6%), from €79,167 to €54,167
- Debts after one year +€107,264
new in 2025: €107,264
- Other debts +€94,763
up €94,763 (+55.6%), from €170,548 to €265,311
- Profit (loss) carried forward -€34,671
down €34,671 (-16.3%), from €213,093 to €178,422
- Current portion of long-term debt +€23,890
new in 2025: €23,890
- Gross operating margin -€52,601
down €52,601 (-16.8%), from €313,339 to €260,738
- Taxes -€9,624
down €9,624 (-15.4%), from €62,525 to €52,901
- Financial charges +€7,766
up €7,766 (+6,352%), from €122 to €7,888
- Other operating charges +€6,449
up €6,449 (+402%), from €1,604 to €8,053
- Depreciation +€5,033
up €5,033 (+10.4%), from €48,425 to €53,458
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €411,191 | €602,820 | +€191,629 | +46.6% |
| Fixed assets | 21/28 | €357,729 | €450,040 | +€92,311 | +25.8% |
| Intangible fixed assets | 21 | €79,167 | €54,167 | -€25,000 | -31.6% |
| Tangible fixed assets | 22/27 | €52,532 | €169,843 | +€117,311 | +223% |
| Land and buildings | 22 | €6,610 | €4,701 | -€1,909 | -28.9% |
| Plant, machinery and equipment | 23 | €3,036 | €1,248 | -€1,788 | -58.9% |
| Furniture and vehicles | 24 | €5,459 | €129,781 | +€124,322 | +2,277% |
| Other tangible fixed assets | 26 | €37,428 | €34,113 | -€3,314 | -8.9% |
| Financial fixed assets | 28 | €226,031 | €226,031 | = | 0.0% |
| Current assets | 29/58 | €53,461 | €152,780 | +€99,318 | +186% |
| Amounts receivable within one year | 40/41 | €13,277 | €14,264 | +€987 | +7.4% |
| Trade receivables | 40 | €4,448 | €0 | -€4,448 | -100% |
| Other amounts receivable | 41 | €8,829 | €14,264 | +€5,435 | +61.6% |
| Cash at bank and in hand | 54/58 | €38,187 | €133,859 | +€95,673 | +251% |
| Deferred charges and accrued income | 490/1 | €1,998 | €4,656 | +€2,659 | +133% |
| Total equity and liabilities | 10/49 | €411,191 | €602,820 | +€191,629 | +46.6% |
| Equity | 10/15 | €234,386 | €199,715 | -€34,671 | -14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,693 | €2,693 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €833 | €833 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,093 | €178,422 | -€34,671 | -16.3% |
| Amounts payable | 17/49 | €176,804 | €403,105 | +€226,301 | +128% |
| Amounts payable after more than one year | 17 | - | €107,264 | +€107,264 | |
| Financial debts | 170/4 | - | €107,264 | +€107,264 | |
| Amounts payable within one year | 42/48 | €176,804 | €295,841 | +€119,037 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | - | €23,890 | +€23,890 | |
| Trade debts | 44 | €6,256 | €6,639 | +€383 | +6.1% |
| Suppliers | 440/4 | €6,256 | €6,639 | +€383 | +6.1% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €170,548 | €265,311 | +€94,763 | +55.6% |
| Non-recurring operating income | 76A | - | €184 | +€184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,425 | €53,458 | +€5,033 | +10.4% |
| Other operating charges | 640/8 | €1,604 | €8,053 | +€6,449 | +402% |
| Gross operating margin | 9900 | €313,339 | €260,738 | -€52,601 | -16.8% |
| Operating profit (loss) | 9901 | €263,310 | €199,227 | -€64,083 | -24.3% |
| Financial income | 75/76B | €1 | €3,891 | +€3,891 | +762,876% |
| Recurring financial income | 75 | €1 | €3,891 | +€3,891 | +762,876% |
| Non-recurring financial income | 76B | - | €3,891 | +€3,891 | |
| Financial charges | 65/66B | €122 | €7,888 | +€7,766 | +6,352% |
| Recurring financial charges | 65 | €122 | €7,888 | +€7,766 | +6,352% |
| Profit (loss) for the period before taxes | 9903 | €263,188 | €195,230 | -€67,958 | -25.8% |
| Income taxes | 67/77 | €62,525 | €52,901 | -€9,624 | -15.4% |
| Profit (loss) for the period | 9904 | €200,663 | €142,329 | -€58,334 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €200,663 | €142,329 | -€58,334 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.